LandVests MAI (Member of the Appraisal Institute) appraiser, Mike Hart, recently attended the annual Economic and Real Estate Market Outlook, where different industry experts discussed the Boston housing market.

Here are the top five takeaways:

• Projected increases in disposable income supports growth in real estate spending
• Record housing affordability combined with easing credit conditions are boosting housing
[...]

New Incentives in Massachusetts

The Department of Energy Resources (DOER) is finalizing regulations for its second round of solar renewable energy credits (SRECs), dubbed SREC-II. In anticipation of the new regulations, there is pent-up demand for new projects among solar investors, developers, and businesses involved in solar throughout the [...]

According to the Boston Business Journal, LandVest had three of the Most-Expensive Sales in Eastern Mass. in 2013. LandVest represented either the sellers or the buyers of the 2^nd, 3^rd & 10^th ranked sales. One home was on Cape Cod and two were in the Boston Suburbs. #2. Fairview, 43 Church Street, Falmouth, MA. $11,750,000 - sold  

Effective Monday February 3, 2014 LandVest has reduced the LeFlore Timberlands from an asking price of $16,000,000 to $13,600,000 for a revised price per acre of approximately $685 per [...]

In 2013 the luxury real estate market in New England and the Adirondacks continued to perform at historically high levels due to a combination of pent-up demand, price reductions, low interest rates, and a strong stock [...]

Top Sale 2013 - $10,000,000 The Cabot Estate, Weston MA Brokers Terrence Maitland and Nicole Monahan

Top Sale 2013 - $11,750,000 Fairview Waterfront Compound, Woods Hole, MA Brokers Stewart Young and Wade Staniar

Top Sale 2013 - $5,320,000 The Neville Leary House, Jamestown, RI Broker Terry Boyle

Top Sale 2013 - $6,800,000 Kennebunkport

Emma Schultz, a forester in LandVests Clayton Lake, Maine office was recently featured in the January issue of ForesTech Resource Solutions. Its no surprise to all who have seen Emmas keen forestry skills in action that she was chosen as the "Featured Forester", however, some may not know that she has a few top-notch recipes up her sleeve! [...]

We shared a cup of tea recently with Elizabeth Chapin, Managing Director for the New England Region. Betsy is our partner in Christies Boston office. We were talking about the huge sale prices for contemporary art in recent auctions (http://www.christies.com/sales/post-war-and-contemporary-evening-sale-new-york-november-2013/), and the conversation turned to where great buys currently can be [...]

Tappan-Philbrick House 182 Walnut Street, Brookline, MA $3,450,000

With the hopes of stirring additional interest, the owners of the Tappan-Philbrick House in Brookline, MA have recently dropped the asking price from $3,950,000 to $3,450,000. The property is located in the Pill Hill neighborhood in Brookline, MA. For those not familiar [...]